Tip Global Health

Analysis

Tip Global Health is a registered charity in United States, based in Aptos, CA. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tip Global Health reported income of $1.5m and spending of $1.6m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $920k to $1.5m (+61%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 49%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tip Global Health sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Emergency Ambulance of Devils Lake ($1.5m), Regional West Foundation ($1.5m) and Oh Properties Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $75k (4.8% of expenses). Other salaries and wages came to $781k. At year end it held assets of $385k against liabilities of $107k, net assets of $278k. It reported 2 employees.